$6.3M
total assets, June 30, 1987
La Marque Bank was a state nonmember bank in La Marque, TX. It failed on Sep 10, 1987, and First Bank Of La Marque took over its deposits. At its last report it held $6.31 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Sep 10, 1987
- Assets
- $6.3M
- Deposits
- $6.2M
- Estimated cost
- $1.0M
- Deposits went to
- First Bank Of La Marque, La Marque, TX
Total assets
$6.3M
-24.0% in a year · -15.4% in a quarter
Deposits
$6.2M
-23.0% in a year · -14.5% in a quarter
Loans
$3.4M
-23.5% in a year · -9.4% in a quarter
Profit so far
-$295K
Jan 1 to Jun 30, 1987
Capital ratio
1.08%
-1.34 pts in a year
Return on assets
-8.25%
+6.33 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1318 First Street, La Marque, TX, 77568
- County
- Galveston
- Established
- Oct 18, 1973
- Failed
- Sep 10, 1987
- Employees
- 9
- Id
- b21279
Quarter by quarter
March 31, 1984 to June 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is La Marque Bank?
$6.31 million in total assets and $6.17 million in deposits as of June 30, 1987, with assets down 24.0% from a year before. Its loans were $3.38 million.
Is La Marque Bank profitable?
No: it lost $295,000 from January 1 to June 30, 1987. Its return on assets was -8.25% a year; about 1% is typical.
When did La Marque Bank fail?
Sep 10, 1987. First Bank Of La Marque of La Marque, TX took over its deposits. The estimated cost of the failure was $1.02 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.